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Listed 12 days ago

2411 - 770 Bay Street

Bay Street Corridor, Toronto

$598,000

Condo Apartment |
1 | 1 | 0 | 1
About this home

Welcome to this bright and spacious 1-bedroom corner suite in the heart of Downtown Toronto! Offering 601 sq. ft. of well-designed living space, this unit features 9-ft ceilings, beautiful hardwood floors, in-suite laundry, and a private balcony with great city views. Enjoy an unbeatable urban lifestyle just steps from transit, shopping, restaurants, and everything downtown Toronto has to offer. Exceptional building amenities include 24-hour concierge, rooftop terrace, party & games room, theatre, billiards room, indoor pool, fitness centre and visitor parking. A fantastic opportunity for first-time buyers, professionals, or investors seeking comfort, convenience, and vibrant city living.

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$575
LockerOwned
BalconyOpen
ExposureNorth West
Parking TypeNone
Parking Spaces0
Parking FeaturesNone
Property Tax$3,476
mls© NumberC13855294
Listed BySUTTON GROUP-ASSOCIATES REALTY INC.
Building Insurance Included
Common Elements Included
Heat Included
CAC Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,061
Property tax
$290
Heat allowance
$150
Condo fees, half counted
$287
Housing costs
$3,788 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $119,600
25-yr amortization

Income needed

$117,000

gross annual household income

Payment at 4%
$2,516 / mo
Cash down
$119,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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